Just Sold! Guess the Price of this Longboat Key Condo

Posted by Marc Rasmussen on Monday, April 11th, 2011 at 4:57pm.

A client of mine just purchased this lovely Longboat Key condo below. The first person (non Realtor) to guess the sales price will receive a $25.00 gift certificate to their favorite restaurant or store.

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This lovely condo offers 2 bedrooms, 2 bathrooms, 1,257 square feet. The kitchen, bathrooms and flooring have been remodeled within the last few years. The kitchen had granite countertops and both the cabinets and appliances were replaced. The condo came turn key furnished. The beauty of this condo is that it is within a 2 to 3 minute walk to fabulous Longboat Key beach.

It closed roughly a week ago. Let me know what you think it closed for.

The Answer

The above unit was in the Seaplace condos on south Longboat Key. It closed for $265,000 on May 1, 2011. This condo had been on the market 1,687 days. The previous owner had paid $495,000 in March of 2006. Renovated the condo by replacing the kitchen, bathrooms and installing tile floors. Placed it back on the market in July of 2006 for $659,000 in an attempt to flip the property.

Ernestine McComas chose the right answer of $265,000!


Property sales information is public record and can be found at the Sarasota or Manatee county property appraisers website.
This is just an exercise to help people understand the Sarasota real estate market and not invade anyone's privacy.


28 Responses to "Just Sold! Guess the Price of this Longboat Key Condo"

Mairead forde wrote:
$350,000

Posted on Monday, April 11th, 2011 at 6:19pm.

Frankie wrote:
$319,000

Posted on Monday, April 11th, 2011 at 6:28pm.

Yani wrote:
$ 325,000

Posted on Monday, April 11th, 2011 at 6:31pm.

Megan wrote:
$425,000

Posted on Monday, April 11th, 2011 at 6:33pm.

Rob colbert wrote:
345,675

Posted on Monday, April 11th, 2011 at 6:45pm.

ricki wrote:
$369,000?

How are you Marc? Busy, I hope!

Ricki Le Vine

Posted on Monday, April 11th, 2011 at 6:49pm.

Jim Holden wrote:
$150k

Posted on Monday, April 11th, 2011 at 6:59pm.

Marcia wrote:
148,000.

Posted on Monday, April 11th, 2011 at 7:01pm.

daniel wrote:
350.00

Posted on Monday, April 11th, 2011 at 7:04pm.

Chris wrote:
$529,300

let's see... a lower level, funky windows, still looks like a high rise on LBK so 529K

Posted on Monday, April 11th, 2011 at 7:17pm.

linda Sailer wrote:
$295,000

Posted on Monday, April 11th, 2011 at 7:23pm.

Pat Wyszomirski wrote:
Beautiful condo in a beautiful area.
$410,000

Posted on Monday, April 11th, 2011 at 7:38pm.

Jim Shockley wrote:
399,000

Posted on Monday, April 11th, 2011 at 7:50pm.

Jim Michaels wrote:
$385,000

Posted on Monday, April 11th, 2011 at 7:55pm.

David Klein wrote:
115,000.00

Posted on Monday, April 11th, 2011 at 8:02pm.

Ron Bianchi wrote:
$490,000

Posted on Monday, April 11th, 2011 at 8:10pm.

ivan wrote:
$379,000

Posted on Monday, April 11th, 2011 at 8:27pm.

kelly soye wrote:
142500

Posted on Monday, April 11th, 2011 at 8:32pm.

Golda wrote:
269000?

Posted on Monday, April 11th, 2011 at 8:54pm.

Paul Zubrys wrote:
Using only Michigan lakefront property values and the Southwest Michigan real estate market values in general as my only frame of reference, I would think this property sold for $600,000. Please donate my prize in the event I win.

Posted on Monday, April 11th, 2011 at 10:07pm.

Lynda Gary wrote:
479,000

Posted on Monday, April 11th, 2011 at 10:07pm.

Noah wrote:
109k

Posted on Monday, April 11th, 2011 at 10:16pm.

Ernestine McC omas wrote:
265.000.00

Posted on Monday, April 11th, 2011 at 10:25pm.

Elizabeth Walter wrote:
395,000

Posted on Monday, April 11th, 2011 at 11:50pm.

Malcolm wrote:
199k

Posted on Tuesday, April 12th, 2011 at 2:51am.

Mr Jersey wrote:
197500.

Posted on Tuesday, April 12th, 2011 at 7:00am.

Marc Rasmussen wrote:
Hi all. Thank you for your comments. I posted the correct sales price this morning after Ernestine McComas chose the right answer of $265,000.

Posted on Tuesday, April 12th, 2011 at 7:13am.

Milan Cole wrote:
@Marc- What a fun idea to engage your blogging audience. We may have to try this in our market.

Posted on Tuesday, April 12th, 2011 at 6:49pm.



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